Transportation term paper

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Table 2 presents the OTRI of the UK's main trading partners. For the EU, the import-weighted average tariff is 3%, while the import-weighted AVE of NTMs is %. However, given that the UK is currently part of the EU Single Market, the OTRI in the EU facing UK exports is 0. Both the US and China impose tariffs on UK exports. For the US, the import-weighted average tariff is %, while for China it is 5%. When factoring in import demand elasticity and AVE of NTMs, the OTRI of US and China facing UK exports is % and %, respectively.

Transportation . Argus provides a range of reports covering spot freight rates, pipeline, rail and port throughputs for petroleum, coal, LPG and gas markets.

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